16 Jun PacLease Celebrates 40 Years in Business PacLease, a full-service truck rental and leasing company, reached the milestones of 40 years in business and 40,000 trucks being used. Read more...
16 Jun Powell Warns That Long Downturn Would Mean Severe Damage Federal Reserve Chairman Jerome Powell said the U.S. economy faces a deep downturn with “significant uncertainty” about the timing and strength of a recovery. Read more...
16 Jun Northwest Equipment Sales Adds First Washington State Location Northwest Equipment Sales has opened a dealership in Burbank, Wash., that offers brands from Mack Trucks and Volvo Trucks North America. Read more...
16 Jun Retail Sales Soared a Record 17.7% in May, Double Forecast U.S. retail sales jumped in May by the most on record and double forecasts, regaining more ground than expected after unprecedented drops the prior two months as states allowed more merchants to reopen. Read more...
15 Jun Average Price of Diesel Inches Upward by 0.7¢ to $2.403 The national average price of diesel fuel has increased seven-tenths of a cent to $2.403, according to the Energy Information Administration. Read more...
15 Jun DOT Launches AV TEST Initiative The U.S. Department of Transportation has launched a program to increase transparency and inform members of the public about automated vehicle technologies. Read more...
15 Jun Truckers Praised for Contributions to Country’s Economy Transportation Secretary Elaine Chao says truckers continue to serve on the front line in the battle against the COVID-19 pandemic even as more of the economy is beginning to reopen. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill. Read more...
15 Jun Fed Will Begin Buying Broad Portfolio of Corporate Bonds The Federal Reserve said June 15 that it will begin buying individual corporate bonds under its Secondary Market Corporate Credit Facility, an emergency lending program that to date has purchased only exchange-traded funds. Read more...
15 Jun Driverless Car Industry Gets a Nudge on Standards, Transparency Hundreds of driverless cars have been tested in locations across the U.S. in recent years, but standards are inconsistent and in a handful of cases there have been accidents and even a death. Read more...
15 Jun Crossword Puzzle Solution for June 15, 2020 Here's the solution to the crossword puzzle found in the June 15, 2020 print edition. Read more...